You have agreed to loan some money to a friend at a simple interest rate of 200% which is outrageous
but still about half of the payday loan places! To make it easy on your friend who needs a $850 loan to
tide him over for a bit you tell him to pay you back $900 in a few weeks.
In how many weeks should you tell him to pay you back if you want to hold that interest rate of 200%?

Answers

Answer 1

Answer:

To find the number of weeks, we need to divide the interest amount ($900 - $850 = $50) by the interest rate. To convert the interest rate to a decimal, we need to divide it by 100, so 200% ÷ 100 = 2. The number of weeks can then be calculated as:

$50 ÷ ($850 x 2) = $50 ÷ $1700 = 0.029411765

To find the number of weeks, we need to take the reciprocal of this value, which is approximately 34.15 weeks.


Related Questions

After reading the information in Chapter 6, think of a behavior that you would like to change. How could you use behavior modification, specifically positive reinforcement, to change your behavior? What is your positive reinforcer?

Answers

If you want to change your behavior, apply behavior modification, particularly positive reinforcement.

How can you encourage good habits in yourself?

Giving yourself modest rewards, such as a nice supper or a trip to the movies, can help you start acting in a self-reinforcing manner. Choose gifts that are significant to you, that you genuinely adore, and that you are not sorry to get.

What is behavior modification, and how might it support your efforts to alter?

A strategy known as behavior modification involves changing unfavorable activities and behaviors over time in order to get better results and outcomes in your life. The foundation of behavior modification is operant conditioning, a theory developed by behaviorist B.F. Skinner.

To know more about behavior visit:-

https://brainly.com/question/13044819

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Free point and Branliest if you can answer..... What doi you call a fish with no eye

Answers

A fish with no eye?

A fsh

In a Pew poll of American voters, almost 80% of Democrats say the government
shutdown is a "very serious" problem for the country, while just 35% of Republicans feel
the same. 54% of the people polled were Democrats and 46% were Republicans.
(a) Overall, what percentage of American voters say the government shutdown is a
"very serious" problem for the country?
%
Answer=
(b) Set up a 2x2 probability table. Round all percentages to 2 decimal places.
Democrat
Republican
Total
Serious
Not Serious
Total

Answers

ANSWER-

To find the overall percentage of American voters who say the government shutdown is a "very serious" problem, we need to weigh the responses of Democrats and Republicans based on their representation in the poll.

80% of Democrats say the shutdown is a "very serious" problem, so that's .8 x 54% = 43.2%.

35% of Republicans say the shutdown is a "very serious" problem, so that's .35 x 46% = 16.1%.

Adding these two together: 43.2% + 16.1% = 59.3%.

So overall, 59.3% of American voters say the government shutdown is a "very serious" problem.


Which one of the following statements is true, as regards the apple that Filip tasted?
© The apple was not yellow
O The apple was yellow
© The apple was not green
© The apple was not red
© The apple was red o The apple was green

Answers

Filip has tasted enough apples to know that red apples always taste good.

Yellow apples may taste good sometimes and bad sometimes. There's nothing about yellow apples in the atory so we don't know anything about yellow apples, but red apples always taste good.

Green apples may taste good sometimes and bad sometimes. There's nothing about green apples in the atory so we don't know anything about green apples, but red apples always taste good.

Filip grabbed an apple after the lights went out, and he tasted it.  It tasted BAD.

Yellow apples taste bad SOMEtimes but not always. So it could have been a yellow apple.  Nobody knows.

Green apples taste bad SOMEtimes but not always. So it could have been a Green apple.  Nobody knows.

Red apples never taste bad. If you bite into a red apple, it's always gonna taste good.

The apple that Filip bit into tasted bad.  It did NOT taste good.  So it could NOT have been a red apple.

The apple was not red.

What is the meaning of life???????????????

Answers

Answer:

No one can tell the actual definition of the meaning of life.

Explanation:

For some, it is all about happiness, building a family, and leading life as it is. For some, it is about accumulating wealth, whereas, for some, it is all about love. Please enjoy college and have fun with friends and family!

The precious life that we have, has a purpose. It means we are living for a purpose. We are created to do something.

Jose plays baseball and is trying out for the high school
team again this year. Last year, he made the JV team last
year but wants to make Varsity this year. Over the summer
Jose has put in a lot of work towards improving his skills. He
has attended camps, had a few private lessons and been
practicing at least three days a week. What Power can he
use with his coaches so that they take notice of his
improvement? In at least two full sentences, give me the
Power Jose would use and an example of what he could say
to his baseball coaches.

Answers

ANSWER -

The power that Jose can use with his coaches to showcase his improvement is the power of effective communication. By being proactive and communicating his progress to his coaches, Jose can increase his chances of making the varsity team. For example, he could approach his coaches before or after practice and say something like "Coach, I've been working really hard over the summer to improve my skills, and I wanted to show you how much progress I've made. Would you mind watching me during batting practice and giving me some feedback?" By taking the initiative to communicate his efforts and progress, Jose can demonstrate his commitment to the team and his desire to improve, which will likely impress his coaches.
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